Hyper loop offers a potential revolution in transport by enabling aircraft speeds at ground level in a point-to-point transport system. It refers to Elon Musk's concept of passenger or freight vehicles operating inside low-pressure tubes, which could enable very high speeds of up to 760 mph. Several companies are working to develop and build hyper loop systems, with the goals of creating a safer, faster, cheaper, and more sustainable alternative to high-speed rail and other modes of transport over medium distances. The first hyper loop routes may begin operations in the early 2020s.
HYPERLOOP ENGINEERING SEMINAR-BY MR.HEMANTH KUMAR DHEMANTH KUMAR D
HYPERLOOP IS A FIFTH MODE OF TRANSPORTATION WHICH USES CAPSULES TO TRANSPORT PEOPLE AND VEHICLES FROM ONE PLACE TO ANOTHER THROUGH A LOW PRESSURE TUBE. HYPERLOOP IS FAST,INEXPENSIVE,ECO-FRIENDLY AND ZERO EMISSION VEHICLE.
Hyperloop new transportation system seminar report- Aishwarya KarhadeAishwarya Karhade
Hyperloop is the most ambitious project in the whole world. Every engineering student must learn about it.its all about hyperloop a-z information, a basic working principle to expert views, detailed literature survey with references. I have studied detailed for 3rd-year academic seminars and prepared presentations and detailed reports.
The conventional modes of transportation of people consist of four unique types and that are rail, road, water, and air. These modes of transport tend to be either relatively slow, expensive or a combination of both. Hyperloop is a new mode of transport that seeks to change this pattern by being both fast and inexpensive for people and goods. Hyperloop is a proposed mode of passenger and freight transportation that propels a capsule-like vehicle through a near-vacuum tube at more than
airline speed. The pods would accelerate to cruising speed gradually using a linear electric motor and glide above their track using passive magnetic levitation or air bearings.Hyperloop consists of a lowpressure tube with capsules that are transported at both low and high speeds throughout the length of the tube. The capsules are supported on a cushion of air, featuring pressurized air and aerodynamic lift. Passengers may enter and exit Hyperloop at stations located either at the ends of the tube, or branches along the tube length. It quickly becomes apparent just how dramatically the Hyperloop could change transportation, road congestion and minimize the carbon footprint globally. With the Hyperloop, extremely fast, inexpensive intercity travel would be widely accessible. If both people and goods can move more quickly and comparatively cheaply, rapid growth is a logical outcome.
HYPERLOOP ENGINEERING SEMINAR-BY MR.HEMANTH KUMAR DHEMANTH KUMAR D
HYPERLOOP IS A FIFTH MODE OF TRANSPORTATION WHICH USES CAPSULES TO TRANSPORT PEOPLE AND VEHICLES FROM ONE PLACE TO ANOTHER THROUGH A LOW PRESSURE TUBE. HYPERLOOP IS FAST,INEXPENSIVE,ECO-FRIENDLY AND ZERO EMISSION VEHICLE.
Hyperloop new transportation system seminar report- Aishwarya KarhadeAishwarya Karhade
Hyperloop is the most ambitious project in the whole world. Every engineering student must learn about it.its all about hyperloop a-z information, a basic working principle to expert views, detailed literature survey with references. I have studied detailed for 3rd-year academic seminars and prepared presentations and detailed reports.
The conventional modes of transportation of people consist of four unique types and that are rail, road, water, and air. These modes of transport tend to be either relatively slow, expensive or a combination of both. Hyperloop is a new mode of transport that seeks to change this pattern by being both fast and inexpensive for people and goods. Hyperloop is a proposed mode of passenger and freight transportation that propels a capsule-like vehicle through a near-vacuum tube at more than
airline speed. The pods would accelerate to cruising speed gradually using a linear electric motor and glide above their track using passive magnetic levitation or air bearings.Hyperloop consists of a lowpressure tube with capsules that are transported at both low and high speeds throughout the length of the tube. The capsules are supported on a cushion of air, featuring pressurized air and aerodynamic lift. Passengers may enter and exit Hyperloop at stations located either at the ends of the tube, or branches along the tube length. It quickly becomes apparent just how dramatically the Hyperloop could change transportation, road congestion and minimize the carbon footprint globally. With the Hyperloop, extremely fast, inexpensive intercity travel would be widely accessible. If both people and goods can move more quickly and comparatively cheaply, rapid growth is a logical outcome.
A new technology in order to enhance travel experience and to reduce time, save money. By using this technology one can travel at much higher speed and can save time as well as money. This technology or idea is given by elon musk and is completely environment friendly
A hyperloop is a theoretical mode of high-speed transportation sketched out by serial entrepreneur Elon Musk. Musk envisions the system as a 'fifth mode' of transportation: an alternative to boats, aircraft, automobiles, and trains.[1] Musk, who has expressed his intent to develop a prototype hyperloop, stated that it "could revolutionize travel",[2] but the technological and economic feasibility of the idea has not been independently studied.
Hyper Loop One PPT - Hyperloop India 2018Rahul John
PPT Presentation on Hyperloop One & Hyperloop in India 2018.
Introduction, Advantages, Hyperloop use in India, Concept of Hyperloop PPT, types of hyperloop
Hyperloop presentation by ER.Washique AhemadWashique Ahmad
This PPT is uploaded by MOHD WASHIQUE AHEMAD during the academic of 3rd year in Feroze gandhi institute of engineering and technology, Raebareli under the guidance of Assistant professor Mr. Shardul singh M.TECH(IIT ROORKEE)
Find a new way to of transportation system that can change the whole world's connectivity reducing large distance travelling from days to a few hours only.
A new technology in order to enhance travel experience and to reduce time, save money. By using this technology one can travel at much higher speed and can save time as well as money. This technology or idea is given by elon musk and is completely environment friendly
A hyperloop is a theoretical mode of high-speed transportation sketched out by serial entrepreneur Elon Musk. Musk envisions the system as a 'fifth mode' of transportation: an alternative to boats, aircraft, automobiles, and trains.[1] Musk, who has expressed his intent to develop a prototype hyperloop, stated that it "could revolutionize travel",[2] but the technological and economic feasibility of the idea has not been independently studied.
Hyper Loop One PPT - Hyperloop India 2018Rahul John
PPT Presentation on Hyperloop One & Hyperloop in India 2018.
Introduction, Advantages, Hyperloop use in India, Concept of Hyperloop PPT, types of hyperloop
Hyperloop presentation by ER.Washique AhemadWashique Ahmad
This PPT is uploaded by MOHD WASHIQUE AHEMAD during the academic of 3rd year in Feroze gandhi institute of engineering and technology, Raebareli under the guidance of Assistant professor Mr. Shardul singh M.TECH(IIT ROORKEE)
Find a new way to of transportation system that can change the whole world's connectivity reducing large distance travelling from days to a few hours only.
Slides on HyperLoop For college Seminar. Which is fifth mode of transportation. Started working in Los Angelous, India is also working on it to implement in hyderabad. In recent India has won prize for best model development route from mumbai to chennai via bangalore.
Known for SpaceX and Tesla, Elon Musk launched the Hyperloop concept in 2013, a means of ultra-high-speed terrestrial transport by tube. Academics and engineers around the world have followed the visionary entrepreneur's lead and are developing their own tube-based transportation projects. Our brand new Emerging Trends report reviews the opportunities and challenges of this next-generation mode of transport.
– v 1.2
A Hyperloop is a proposed mode of passenger and freight transportation, first used to describe an open-source vactrain design released by a joint team from Tesla and SpaceX.
Prospects of Hyperloop Transportation Technology: A Case of ChinaDr. Amarjeet Singh
Hyperloop transportation technology is amongst
the most promising sustainable and climate-friendly
transportation systems of the modern era. Now China has
taken steps to build this transportation system in Tongren city,
which located on Guizhou's eastern part [8]. So far, not much
work has been conducted on the prospects of this technology,
especially for China. In this paper based on extensive
literature review, we have analyzed the prospects of this
technology in China. Furthermore, this article also discusses
the possible hurdles and proposes some suggestions for
overcoming the problems in the adoption of this climatefriendly technology.
As we know that there are four modes of
transportation are, rail, road, water, and air. These modes
of transport tend to be either relatively slow (e.g., road and
water), expensive (e.g., air), or a combination of relatively
slow and expensive (i.e., rail). Hyper loop is a new mode of
transport that seeks to change this paradigm by being both
fast and inexpensive for people and goods. Hyperloop is also
unique in that it is an open design concept, similar to Linux.
Feedback is desired from the community that can help
advance the Hyperloop design and bring it from concept to
reality. Hyperloop consists of a low pressure tube with
capsules that are transported at both low and high speeds
throughout the length of the tube. The capsules are
supported on a cushion of air, featuring pressurized air and
aerodynamic lift. The capsules are accelerated via a
magnetic linear accelerator affixed at various stations on the
low pressure tube with rotors contained in each capsule.
Passengers may enter and exit Hyperloop at stations located
either at the ends of the tube, or branches along the tube
length. In this study, the initial route, preliminary design,
and logistics of the Hyperloop transportation system have
been derived. The system consists of capsules that travel
between Los Angeles, California and San Francisco,
California. The total one-way trip time is 35 minutes from
county line to county line. The capsules leave on average
every 2 minutes from each terminal carrying 28 people each
(as often as every 30 seconds during rush hour and less
frequently at night). This gives a total of 7.4 million people
per tube that can be transported each year on Hyperloop.
The total cost of Hyperloop is under $6 billion USD for two
one-way tubes and 40 capsules. Amortizing this capital cost
over 20 years and adding daily operational costs gives a total
of $20 USD plus operating costs per one-way ticket on the
passenger Hyperloop
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
Thesis Statement for students diagnonsed withADHD.ppt
Hyperloop
1. Introduction
Hyper loop offers a potential revolution in transport. It could transform how we perceive distance by
enablingaircraftspeedsatgroundlevel inanon-demandpoint-to-pointtransportsystem.
Hyper loop refers to the concept described by Elon Musk in his paper, Hyper loop Alpha1, which is a
new, very high speed, intercity transportation mode, published in 2013 and involves either passenger or
freight carrying vehicles that operate inside tubes with air evacuated to create a low-pressure
environment. The reduced air resistance resulting from the low-pressure environment could enable the
vehicles to reach very high speeds; 2-3 times faster than high speed rail. Proponents also claim that the
system can enable direct, on-demand travel rather than a scheduled service as provided by other forms
of public transport, could be more environmentally friendly than other modes and could be cheaper
than high-speedrail.
This report provide a high-level evaluation of hyper loop in terms of its commercial potential,
environmental impact, costs, safety issues, and regulatory issues and to identify hurdles to its
commercial and/oroperational feasibility.
BackgroundCONTEXT
The idea of a mass transport system that involves propelling vehicles along low pressure tubes was
discussed as long ago as the late 17th century following the invention of the world’s first artificial
vacuum. Many subsequent configurations have been attempted for transporting both small parcels and
messages, and even passengers, such as the following experimental system erected at the American
Institute inNewYork.
Throughout the mid-1850s, several more pneumatic railways were built in Dublin, London, and Paris.
The London Pneumatic Dispatch system was meant to transport parcels, but itwas large enough to carry
people,too.Tomark itsopening,the Duke of Buckinghamtraveledthroughitin1865.
2. Throughout the 20th century, scientists and science fiction writers imagined transit systems that would
work like a Hyper loop. In the 1956 story "Double Star," for example, sci-fi author Robert Heinlein wrote
about"vacuum tubes."
In the early 2000s, transportation startup ET3 designed a pneumatic-and-maglev train. The design
featurescar-sizedpodsthatwouldtravel inelevatedtubes.
Three years later, Elon Musk published his proposal for the Hyper loop in a 57-page white paper.
According to his design, sealed pods containing 28 people each would whisk through tubes. A trip from
NYC to DC wouldtake 29 minutes,he tweetedin2017.
Objectives
3. the purpose of hyper loop are reducing construction, great distance in short amount of time,
travel at high speed and maintained costs of the rail. compared to the alternatives, it should
ideally be:
1. Safer
2. Faster
3. Lower cost
4. More convenient
5. Immune to weather
6. Sustainably self powering
7. Resistant to earthquakes
8. Controllability
Why the need?
Conventional means of transportation (road, water, air, and rail) tend to be some mix of
expensive, slow, and environmentally harmful. Road travel is particularly problematic, given
carbon emissions and the fluctuating price of oil. As the environmental dangers of energy
consumption continue to worsen, mass transit will be crucial in the years to come.
Rail travel is relatively energy efficient and offers the most environmentally friendly option, but
is too slow and expensive to be massively adopted. At distances less than 900 miles, supersonic
travel is unfeasible, as most of the journey would be spent ascending and descending (the
slowest parts of a flight.) Given these issues, the Hyper loop aims to make a cost-effective, high
speed transportation system for use at moderate distances. As an example of the right type of
distance, Musk uses the route from San Francisco to L.A. (a route the high-speed rail system will
also cover). The Hyper loop tubes would have solar panels installed on the roof, allowing for a
clean and self-powering system.
scope and project charter
Hyper loop is expected to be the fifth mode of transport in the future. At present, hyper loop is
in a development stage, and a number of companies have started testing this technology. The
scope of the study covers segmentation by system type and by carriage type. The system type
segmentation includes capsule, tube, propulsion system and other systems while the carriage
type includes passenger and cargo/freight.
How does the hyper loop work?
The speed of conventional trains — and all land based transport — is limited byfriction, both against the
air aheadand the groundbeneath. Hyperloop drasticallyreducesfrictioninbothof these areas.
First, the tunnels through which it operates have most of their air removed. They are not complete
vacuums, but much less air means reduced friction and less energy is required to reach a higher speed.
4. Secondly, Musk's design saw the hyper loop pods, each containing a handful of passengers, held above
the groundby a layerof air,similartohow the puckof an air hockeytable floatsacrossitssurface.
Musk suggested that the power required to remove air from the tunnels and propel the pods along
would come from solar panels on the roof of the tunnel. He also claimed that ticket prices for the Los
AngelestoSanFranciscoroute wouldbe as low as $20, and the journeywouldtake just35 minutes.
Who is building the hyper loop?
With Musk sitting it out, the early lead in making his hyper loop dreams a reality was fought between
Hyper loop One and Hyper loop Transportation Technologies (HTT), both based in the US but with plans
to buildhyperloop inwhichevercountrywill coughupthe cashfirst.
VirginHyper loop One
Hyper loop One, now called Virgin Hyper loop One after investment from Richard Branson's company in
late-2017. Pods are driven along a track whichis essentially an electromagnetic motor unwound and laid
flat along the floor of the tunnel. When a current is fed through the track, the pods move forwards,
accelerating until they reach a speed where they lift up, like a boat planning along the water, and are
guided by magnets. A series of vacuum pumps remove much of the tunnel's air to the point where the
atmosphere is similar to being 200,000 feet above sea level. Naturally, the pods will be pressurized like
an airplane cabin.
Hyper loop One says its 670mph system will be "automated by the most advanced systemsin the world,
allowingasafe andefficientjourneythatisneverdelayedoroverbooked."
Routes overall the world
The company has been the most forthcoming in regard to planned hyper loop locations. These include
several proposed routes across the US, UK, Europe and the Middle East, although none have yet been
given the green light for construction to begin. Given its wealth, open space and interest in futuristic
technologies like passenger-carrying drones, the United Arab Emirates is a strong candidate for the first
hyperloop,whichisexpectedtooperate betweenDubai andAbuDhabi earlynextdecade.
5. Other routes considered by Virgin Hyper loop One include connecting London with Edinburgh, Los
Angeles with San Diego, Miami with Orlando, FL, Reno, NV with Las Vegas, and Chicago with Columbus,
OH and Pittsburgh,PA.
Hyper loop One has received investment of $245M to date and hopes to begin construction of its first
route in2019, withcommercial servicesstartingin2021.
Hyper loop TransportationTechnologies
Hyper loop Transportation Technologies (HTT) alsolaunched soon after Musk published his white paper,
and although based in the US it has so far made the most progress in Eastern Europe, India and South
Korea,where feasibilitystudiesare takingplace.
The company's R&D centre in Toulouse, France is currently working on the first full-scale hyper loop
passenger capsule, which it hopes to unveil in early 2018. Much larger than those designed by Musk,
each HTT capsule will be 98.5 feet long, 9 feet in diameter, weigh 20 tons and carry between 28 and 40
passengersatup to 760mph.
In a shift from Musk's original plans - and those of Hyper loop One — HTT's system uses passive
magnetic levitation to raise its capsules into the air. Similar to how maglev trains work, HTT will place
6. rows of magnets along the track and on the underside of each capsule. Repelling each other, the
magnetsforce the capsule tolevitate once itisdrivenforwardbyan electricmotor.
Once the capsule is levitating and traveling through a tunnel with its air removed (just like those used by
Musk and Hyperloop One),HTT claimsverylittle energyisrequiredtosustainspeedsof over700mph.
So far, HTT has agreements with Abu Dhabi, Slovakia and the Czech Republic for potential hyper loop
installations.
Features
• The Hyper looppodistippedtocarry around28-40 passengers.
• It will transfer164,000 passengersdaily.
• Takingjust40 secondstodepart,customerswon’twanttomisstheirslot.
• The Hyper loop One tunnel will be 100 feetlongand2.7m in diameter.
• It’sset to launchinDubai nextyear,butwill begintrialsinthe Nevadadesertthisyear
Milestones
7. PROJECT CHARTER
Project Name: Hyper loop version concept: Elon Musk, 2013
Project Manager:Simin Lin Client and Sponsor: Space X Corporation
and Tesla Motors
Date:
Start date April 4,2017
End date June 2019
Teammembers: Cameron Boyce ,
Mohammad Afaneh, Tai Dinah
PROJECT GOALS
Ensure safetyof all on-boardpassengers
Minimize or eliminatedamage
Maintain uninterrupted operation of unaffected pods
Minimize cost of systemimplementation
Conventional means of transportation (road, water, air, and rail) tend to be some mix of expensive, slow, and
environmentally harmful. Road travel is particularly problematic, given carbon emissions and the fluctuating
price of oil. As the environmental dangers of energy consumption continue to worsen, mass transit will be
crucial in the years to come. Rail travel is relatively energy efficient and offers the most environmentally
friendly option, but is too slow and expensive to be massively adopted.
DELIVERABLES
The ground transportation technology envisions moving people (and, no doubt, cargo) between cities in pods or
capsules traveling on magnetized tracks in vacuum tubes running above or below ground. For decades, hyper
loop has been the stuff of science fiction. But advances in technology, and mounting frustration with existing
transit modes, means hyper loop has gone from fantasy to likely fruition. Getting hyper loop on the fast track is
a goal embraced by the likes of entrepreneur Elon Musk, transportation technology companies such as Virgin
Hyper loop One and Hyper loop Transportation Technologies and many cities around the world. And while
there are plenty of economic, technological, safety, regulatory, public policy and other hurdles to overcome,
advocates believe hyper loop could truly revolutionize the way we travel by addressing many of today’s
transportation hassles.
SCOPE DEFINITION
Conventional means of transportation (road, water, air, and rail) tend to be some mix of
expensive, slow, and environmentally harmful. Road travel is particularly problematic and
Rail travel is relatively energy efficient and offers the most environmentally friendly option,
but is too slow and expensive. The Hyper loop aims to make a cost-effective, high speed
transportation system for use at moderate distances.
8. PROJECT MILESTONES
Project start : April 4, 2015
Engineering work start: August 2015
Production completion : 2018
ASSUMPTIONS, CONSTRAINTS & DEPENDENCIES
Constraints: The vehicle floats above the track using magnetic levitation and glides at airline
speeds for long distances due to ultra-low aerodynamic drag. Virgin Hyper loop One systems will be
built on columns or tunneled below ground to avoid dangerous grade crossings and wildlife.
Assumptions: The Hyper loop is working in the ideal condition. People have been dreaming of
high-speed travel in tubes, including in vacuum, for more than a century. And many of the
technologies we’re combining have been around for a while: linear electric motors, maglev,
vacuum pumps.
Risks and Dependencies: Pressure sensor malfunction, Natural disasters, Staff mismanagement.
Roles and Responsibilities
Project Manager
Help the team divide the tasks and resolve issues.
Liaison between clients and team members.
Allocate available resources to maximize group efficiency.
Ensure deliverables are completed by project deadline.
Motivate the team members to perform their tasks.
Budget Lead
Develop breakdown of component costs.
Appropriate budget for each component/subsystem
Communicate with Technical Leads to ensure subsystem design specifications are met within financial
resources
Communicate with Project Manager to ensure the team is meeting the budget guidelines.
Technical Lead #1 (Design)
Develop component designs to satisfy objectives/constraints of project.
Plan and design subsystems of HTBC
Prioritize relative importance of components and communicate information with Budget Lead.
Communicate with Project Manager to ensure they are meeting project guidelines.
Technical Lead #2 (Testing & Implementation)
Perform calculations on components to satisfy the objectives / constraints of project.
Communicate with Technical Lead#1 by providing numerical details required for implementation.
Perform simulation and software testing.
Communicate with Project Manager to ensure they are meeting project guidelines
9. Stakeholders of the Project
Hyper loop Transportation Technologies, leading testing, certification and inspection company TÜV SÜD,
and Munich Re, one of the world's leading providers of reinsurance, primary insurance and insurance-
related risk solutions announced today the creation of the first set of Hyper loop core safety
requirements and certification guidelines along with the first insurance framework for Hyper loop TT
worldwide systems. As construction moves forward at different locations around the world, Hyper loop
TT has reached key milestones on two of the biggest hurdles remaining for the new transportation
system:regulationandinsurance.
At a private meeting held at TÜV SÜD's global headquarters in Munich, Germany, several of Hyper loop
TT's partners and stakeholders, together with government representatives, were introduced to the first
set of the new guidelines and products. Additionally, a roadmap for joint creation and adoption into a
final legal framework for regulating the construction and safe operation of Hyper loop systems was
discussed. In attendance were representatives from Ukraine, China, France, and the United States all of
whomhave existingagreementswithHyperloopTT.
"TUV SUD has been working intensively with HyperloopTT over the past year," said Ferdinand
Neuwieser, CEO of TÜV SÜD Industries Service GmbH. "As a global leader in this field, TÜV SÜD will
contribute to making the innovative technology of Hyper loop reliable and safe. The potential risks for
passengers and others will be reduced to a minimum. Furthermore the guideline will form a strong basis
for standardization, regulation and certification of Hyper loop systems." The final version of the
guideline isexpectedtobe publishedinQ12019.
"Last year we told the world that HyperloopTT's system was insurable," said Claudia Hasse, head of
special enterprise risks at Munich Re. "We are now able to insure their first commercial projects around
the worldand are workingtogethertoinclude ourservicesintoHyperloopTT'stechnologylicense."
"Hyper loop will change transportation as we know it," said Volodymyr Omelyan, minister of
infrastructure of Ukraine. "It is our responsibility to make sure that future technologies are regulated
and safe,andtodayrepresentsthe foundationof asafe and reliable commercial Hyperloop system."
"The creation of regulations and legal frameworks are critical components to our ongoing feasibility
study between Chicago and Cleveland," said Grace Gallucci, executive director of Northeast Ohio
Areawide Coordinating Agency. "We look forward to continuing to work alongside HyperloopTT and
their partners to implement these guidelines and policies into a framework specific to the Great Lakes
Hyperloop."
"HyperloopTT is the first company to have an insurable commercial system," said Dirk Ahlborn CEO of
HyperloopTT. "We have proven the technology to be feasible at every level and through our work with
these partners, stakeholders, and governments we are creating the safest, most secure system
possible."
10. "In order to bring Hyper loop to reality we have sought out and formed alliances with industry leaders to
provide the complete solutions for our systems," said Bibop Gresta, Chairman of HyperloopTT. "Now we
invite othernationstojointhese pioneers."
The CEO of Hyper loop One is Jay Walder, former CEO of Motivate. The co-founder and President of
EngineeringisJoshGiegel.
As of July 2018, the board of directors include Richard Branson (Chairman), Justin Fishner-Wolfson,
Sultan Ahmed Bin Sulayem, Rob Lloyd, Josh Giegel, Bill Shor, Yuvraj Narayan, Anatoly Braverman, and
Emily White as a strategic adviser. Former board members include Peter Diamandis, Jim Messina who as
of July 2018 serves as strategic adviser, former Morgan Stanley executive Jim Rosenthal, Joe Lonsdale,
the co-founder Shervin Pishevar, who took a leave of absence from Hyper loop One in December 2017
after multiple women accused him of sexual misconduct, and Ziyavudin Magomedov, a Russian
billionaire whowasarrestedonembezzlementchargesin2018.
On November8,2018, Richard Bransonwas replacedaschairmanby SultanAhmedbinSulayem.
Cost and scheduling
The total cost of the Hyper loop passenger transportation system as outlined is less than $6 billion USD.
The passenger plus vehicle version of Hyper loop is including both passenger and cargo capsules and the
total cost is outlinedas$7.5 billionUSD.
Scheduling
Project start : April 4, 2015
Engineering work start: August 2015
Production completion : 2018
Risk management
It is Munich Re’s belief that bringing to fruition the Hyperloop proposition is one of the few genuine
activities at the edge of human endeavor. Furthermore, although as yet unproven in full-scale testing,
the Hyperlooptechnologyislikelytobe viable,andrepresentsarealizable integratedsystem.
2. Munich Re believes that the Hyperloop proposition represents an insurable prospect that will
embrace traditional risk transfer and yet-to-be-developed innovative responses to the HTT operating
and capital model.
3. The nature of the challenge is extreme, and the global resources required to harness the Hyperloop
ambition demand the HTT innovationimplicit in the crowd-sourcing model. Munich Re recognizes this as
genuine innovation on a global scale. It is likely to be an essential component of future large scale
infrastructure projects originated in the digital era. We consider that traditional approaches to managing
risksneedtoadapt to thisinnovation.
11. 4. It will demand a rigorous and structured enterprise risk management framework to ensure
meaningful management against the reduction of the risk portfolio value which will change in the
different stages of the project’s lifecycle. Munich Re is thus convinced that only by means of evolving
risk management with a coherent safety concept that synthesizes safety and security, can HTT manage
the riskthat we believe liesatthe edge of humanendeavor.
5. It is well understood by both HTT and Munich Re that the HTT venture depends on funding as well as
developing and satisfying challenging regulatory environments and establishing and sustaining the
perception and trust of society. Assuming that HTT can successfully manage the risks identified in this
report,we believethatthe Hyperloopsystemisviable andrealizablebyHTT.
Conclusion
The development of Hyper loop as the 5th mode of travel has the potential to provide a revolutionary
transportation alternative in the rapidly evolving modern world. Hyper loop has many inherent safety
and performance advantages over existing transportation methods, however like all modes of
transportation it has associated risks and hazards. This paper has discussed some of the development
efforts at HTT to identify those risks and hazards and mitigate them through careful capsule design and
operational procedures. These and other efforts will continue through the design, verification and
certification stages of this new transportation technology. This process along with on-going
development of new standards and regulatory activities will result in Hyper loop installations that
exceedthe expectationsformoderntransportationsystems.